Marsh Management Services (Dublin) Limited
Marsh Management Services (Dublin) Limited25-28 Adelaide RoadDublin 2+353 1 6053000
Profile:
Marsh’s Captive Solutions Group includes the Captive Advisory Group, Captive Management Services, and the Captive Solutions Actuarial Group. We have more than 450 colleagues managing more than 1,220 captives globally. In the industry for over 40 years, we have management offices in 18 countries and advisory expertise in retail brokerage offices worldwide. Our Dublin office, Marsh Management Services (Dublin) Limited (MMSD) offers clients the ability to incorporate and operate captive insurance companies without incurring high staff, office, and infrastructure costs. Our services are designed specifically for each client to complement their existing operations and personnel and to foster a seamless relationship between the captive and its parent organisation.
Experience
Our depth of knowledge of local legislation company management, and long-standing relationships with local regulators, help us to effectively support clients from establishment of their captive, to on-going management and through complex transactions.
Team Approach
We act as a division of our client company’s risk management function, responding to their corporate needs and completing the daily transactions required for their insurance and reinsurance companies.
Tailored Services
We provide services based on the needs of our clients recognising that service needs change over time. Our teams are adaptable and aim to ensure that our services meet individual client requirements. We are an organisation that focuses on providing the highest quality services to our clients and to do this we invest in quality people and systems. Our goal is to develop long-term relationships with all of our clients.
Innovation
Our global network allows us to respond to changes in the regulatory and legislative arenas as well as changes in market conditions. As a result we are able to bring fresh approaches to our clients in order to keep their (re) insurance companies at the core of their risk financing strategies.
Information Technology
Marsh’s Captive Solutions Group operates a global in-house software platform that combines both accounting and insurance disciplines and allows the easy reporting of detailed information stored on client programmes, within a secure environment. We can also adapt our reporting to “feed” into client systems, and can provides clients with access to information on a web based medium, marshmanagement.com
Quality Control
We continually review our business processes to ensure that our services are of the highest standard. In-house we have developed a series of Client Servicing Operating Standards (CSOS) which document best practice for all our client servicing teams across the disciplines like policy issuance, claims handling, and cash disbursements.
Global Outreach
MMSD has excellent links with other MMC companies such as Mercer, Guy Carpenter, Marsh (Retail), and Oliver Wyman opening broader avenues of services, advice, and information for our clients.
Ian Clancy
Head of Office
In addition to his role as the Captive Solutions Practice Leader- EMEA Pac, Ian is Head of Office for Marsh’s captive management office in Dublin. Dublin is Marsh’s centre of excellence for direct writing, having established and managed in excess of forty companies to issue direct policies under the EU Freedom of Services Directive.
Lorraine Stack
Senior Vice President
Lorraine has responsibility for business development along with the co-ordination and management of a number of insurance, and reinsurance companies. Lorraine has been with Marsh for 17 years, the last 11 in Dublin where she assisted a number of high profile captive clients through complex transactions including the recent authorisation of a ground-breaking employee benefit captive program. Prior to joining the captive management team in Dublin, Lorraine was a casualty broker with Marsh in Boston.
Brian McDonagh
Managing Director
Brian, an 18-year veteran of Marsh, serves as Director of Client Servicing in Dublin. During his tenure at Marsh, Brian has worked with several high profile clients and was a senior account manager prior to his current position. Brian played a pivotal role in Dublin’s move into non-core client servicing, initially with finance companies and, most recently, on asset backed and risk securitisations.